This is why I am not sure what to do.Can I write a new contract stating I will let the buyer proceed to ##/## date, but if we are not closing, then I can accept another offer and put the property back on the market now?  

., and @David Zheng You will have to recapture depreciation whether or not you actually take it as a write off.  

@Jabbar Thomas  well that only happens to you once.you always go into those situations EXPECTING TO write it up put your dough up and contract.if your just out for a chat.. that's one thing.Same with RE agents although now with docusign..

Seasoning, an important question that must be considered, whatever the policy the individual lender may have, make sure you receive this in writing. 4.

I was just writing to someone else about Austin being one of the places I'm looking to invest in.

Jon Thanks for taking the time to write that out.

However here me out: I have completed law school (in Australia) and had some experience writing and examining deeds before.

I felt more comfortable investing in FL because I fly there on family vacations (now I can write them off as work trips since I will visit my properties.

I typically do not ask a client to sign one until we are writing and offer on the property...and only then because it is required that I have one.

First title company I stopped in which resulted after a few more referrals to having someone who will write the loans.